§ 2158. Purchase and sale by Federal Reserve System

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Any member of the Federal Reserve System may buy and sell bonds, debentures, or other similar obligations issued under the authority of this chapter and any Federal Reserve bank may buy and sell such obligations to the same extent and subject to the same limitations placed upon the purchase and sale by said banks of State, county, district, and municipal bonds under section 355 of this title.

(Pub. L. 92–181, title IV, § 4.7, Dec. 10, 1971, 85 Stat. 612.)

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Sec. 4.7
Purchase and Sale by Federal Reserve System

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U.S. Code

Purchase and sale of obligations of National, State, and municipal governments; open market operations; purchases and sales from or to United States; maximum aggregate amount of obligations acquired directly from or loaned directly to United States
§ 355

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Pub. L. 92–181, title IV, § 4
85 Stat. 612

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§ 2158

Purchase and sale by Federal Reserve System

Stat. Comp.×1

U.S.C.§ 355

Pub. L.Pub. L. 92–181, title IV, § 4

Stat.85 Stat. 612

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